Sonic Short Long Term Debt Total vs Net Debt Analysis

SHL Stock

27.97 0.32 1.16%

Sonic Healthcare financial indicator trend analysis is much more than just breaking down Sonic Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonic Healthcare is a good investment. Please check the relationship between Sonic Healthcare Short Long Term Debt Total and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt Total vs Net Debt

Short Long Term Debt Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonic Healthcare Short Long Term Debt Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sonic Healthcare's Short Long Term Debt Total and Net Debt is 0.98. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Sonic Healthcare, assuming nothing else is changed. The correlation between historical values of Sonic Healthcare's Short Long Term Debt Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Sonic Healthcare are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Long Term Debt Total i.e., Sonic Healthcare's Short Long Term Debt Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Short Long Term Debt Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Sonic Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonic Healthcare current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Sonic Healthcare's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 252.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 181.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	79.8M	87.0M	151.3M	158.9M
Depreciation And Amortization	675.4M	702.9M	777.3M	816.2M

Interest Expense Depreciation And Amortization

Sonic Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.93	0.67	0.94	0.99	0.97	0.23	0.87	0.91	0.71	0.84	1.0	-0.52	0.84	0.98	0.98	0.97	0.3	0.95	0.97	-0.26	0.98	0.87	0.98	0.47	0.44
Short Long Term Debt Total	0.93		0.71	0.89	0.87	0.87	0.08	0.98	0.73	0.81	0.8	0.92	-0.33	0.8	0.91	0.94	0.93	0.14	0.95	0.83	-0.05	0.97	0.83	0.92	0.57	0.26
Other Current Liab	0.67	0.71		0.72	0.65	0.56	-0.55	0.69	0.52	0.33	0.57	0.66	-0.07	0.57	0.64	0.73	0.71	0.14	0.55	0.58	-0.01	0.67	0.55	0.66	0.65	-0.15
Total Current Liabilities	0.94	0.89	0.72		0.92	0.91	0.1	0.82	0.83	0.73	0.85	0.94	-0.5	0.85	0.94	0.92	0.94	0.3	0.86	0.92	-0.15	0.94	0.81	0.95	0.7	0.44
Total Stockholder Equity	0.99	0.87	0.65	0.92		0.96	0.24	0.82	0.95	0.66	0.78	0.99	-0.51	0.78	0.98	0.97	0.95	0.29	0.91	0.97	-0.33	0.94	0.87	0.96	0.43	0.43
Property Plant And Equipment Net	0.97	0.87	0.56	0.91	0.96		0.37	0.8	0.94	0.63	0.83	0.97	-0.59	0.83	0.96	0.92	0.89	0.36	0.95	0.98	-0.3	0.95	0.9	0.96	0.38	0.51
Current Deferred Revenue	0.23	0.08	-0.55	0.1	0.24	0.37		0.03	0.36	0.23	0.2	0.23	-0.51	0.2	0.26	0.11	0.11	0.22	0.34	0.35	-0.21	0.21	0.28	0.24	-0.39	0.65
Net Debt	0.87	0.98	0.69	0.82	0.82	0.8	0.03		0.69	0.8	0.66	0.88	-0.15	0.66	0.87	0.91	0.9	-0.01	0.89	0.76	0.01	0.91	0.84	0.84	0.54	0.1
Retained Earnings	0.91	0.73	0.52	0.83	0.95	0.94	0.36	0.69		0.5	0.65	0.92	-0.5	0.65	0.92	0.88	0.82	0.29	0.82	0.93	-0.4	0.84	0.89	0.86	0.27	0.41
Accounts Payable	0.71	0.81	0.33	0.73	0.66	0.63	0.23	0.8	0.5		0.61	0.71	-0.25	0.61	0.7	0.74	0.79	-0.05	0.74	0.59	-0.07	0.75	0.59	0.69	0.62	0.41
Cash	0.84	0.8	0.57	0.85	0.78	0.83	0.2	0.66	0.65	0.61		0.82	-0.75	1.0	0.77	0.77	0.8	0.55	0.85	0.83	-0.22	0.88	0.58	0.92	0.49	0.64
Non Current Assets Total	1.0	0.92	0.66	0.94	0.99	0.97	0.23	0.88	0.92	0.71	0.82		-0.51	0.82	0.98	0.98	0.97	0.28	0.95	0.97	-0.28	0.98	0.88	0.98	0.46	0.42
Non Currrent Assets Other	-0.52	-0.33	-0.07	-0.5	-0.51	-0.59	-0.51	-0.15	-0.5	-0.25	-0.75	-0.51		-0.75	-0.45	-0.38	-0.41	-0.69	-0.54	-0.63	0.48	-0.52	-0.21	-0.61	-0.03	-0.92
Cash And Short Term Investments	0.84	0.8	0.57	0.85	0.78	0.83	0.2	0.66	0.65	0.61	1.0	0.82	-0.75		0.77	0.77	0.8	0.55	0.85	0.83	-0.22	0.88	0.58	0.92	0.49	0.64
Net Receivables	0.98	0.91	0.64	0.94	0.98	0.96	0.26	0.87	0.92	0.7	0.77	0.98	-0.45	0.77		0.97	0.96	0.23	0.93	0.96	-0.15	0.96	0.9	0.96	0.46	0.38
Good Will	0.98	0.94	0.73	0.92	0.97	0.92	0.11	0.91	0.88	0.74	0.77	0.98	-0.38	0.77	0.97		0.98	0.19	0.92	0.92	-0.22	0.96	0.86	0.95	0.51	0.31
Common Stock Total Equity	0.97	0.93	0.71	0.94	0.95	0.89	0.11	0.9	0.82	0.79	0.8	0.97	-0.41	0.8	0.96	0.98		0.19	0.9	0.91	-0.18	0.96	0.79	0.95	0.57	0.36
Common Stock Shares Outstanding	0.3	0.14	0.14	0.3	0.29	0.36	0.22	-0.01	0.29	-0.05	0.55	0.28	-0.69	0.55	0.23	0.19	0.19		0.29	0.39	-0.26	0.3	0.08	0.39	-0.02	0.55
Non Current Liabilities Total	0.95	0.95	0.55	0.86	0.91	0.95	0.34	0.89	0.82	0.74	0.85	0.95	-0.54	0.85	0.93	0.92	0.9	0.29		0.91	-0.2	0.98	0.84	0.96	0.36	0.46
Inventory	0.97	0.83	0.58	0.92	0.97	0.98	0.35	0.76	0.93	0.59	0.83	0.97	-0.63	0.83	0.96	0.92	0.91	0.39	0.91		-0.26	0.94	0.84	0.97	0.37	0.54
Other Stockholder Equity	-0.26	-0.05	-0.01	-0.15	-0.33	-0.3	-0.21	0.01	-0.4	-0.07	-0.22	-0.28	0.48	-0.22	-0.15	-0.22	-0.18	-0.26	-0.2	-0.26		-0.17	-0.12	-0.2	0.11	-0.46
Total Liab	0.98	0.97	0.67	0.94	0.94	0.95	0.21	0.91	0.84	0.75	0.88	0.98	-0.52	0.88	0.96	0.96	0.96	0.3	0.98	0.94	-0.17		0.84	0.99	0.51	0.43
Property Plant And Equipment Gross	0.87	0.83	0.55	0.81	0.87	0.9	0.28	0.84	0.89	0.59	0.58	0.88	-0.21	0.58	0.9	0.86	0.79	0.08	0.84	0.84	-0.12	0.84		0.81	0.4	0.16
Total Current Assets	0.98	0.92	0.66	0.95	0.96	0.96	0.24	0.84	0.86	0.69	0.92	0.98	-0.61	0.92	0.96	0.95	0.95	0.39	0.96	0.97	-0.2	0.99	0.81		0.49	0.51
Short Term Debt	0.47	0.57	0.65	0.7	0.43	0.38	-0.39	0.54	0.27	0.62	0.49	0.46	-0.03	0.49	0.46	0.51	0.57	-0.02	0.36	0.37	0.11	0.51	0.4	0.49		0.09
Intangible Assets	0.44	0.26	-0.15	0.44	0.43	0.51	0.65	0.1	0.41	0.41	0.64	0.42	-0.92	0.64	0.38	0.31	0.36	0.55	0.46	0.54	-0.46	0.43	0.16	0.51	0.09

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Sonic Healthcare Account Relationship Matchups

Sonic Healthcare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.6B	12.3B	13.1B	13.6B	14.8B	15.6B
Short Long Term Debt Total	4.6B	3.2B	3.0B	3.1B	4.5B	4.7B
Other Current Liab	899.8M	930.2M	749.9M	834.1M	1.3B	1.4B
Total Current Liabilities	2.1B	2.2B	2.1B	1.9B	2.3B	2.4B
Total Stockholder Equity	5.6B	6.4B	7.3B	7.7B	7.9B	8.3B
Property Plant And Equipment Net	2.5B	2.6B	2.6B	2.8B	3.1B	3.2B
Current Deferred Revenue	145.2M	254.7M	374.3M	220.6M	27.5M	28.9M
Net Debt	3.4B	2.3B	2.2B	2.3B	3.9B	4.1B
Retained Earnings	1.4B	2.3B	3.4B	3.6B	3.6B	3.7B
Accounts Payable	362.0M	225.3M	243.8M	255.8M	313.5M	329.2M
Cash	1.2B	899.8M	780.0M	798.0M	645.0M	677.3M
Non Current Assets Total	10.2B	10.0B	10.8B	11.4B	12.5B	13.1B
Non Currrent Assets Other	(6.5B)	(6.2B)	(6.8B)	(7.2B)	74.7M	78.5M
Cash And Short Term Investments	1.2B	899.8M	780.0M	798.0M	645.0M	677.3M
Net Receivables	986.8M	1.1B	1.2B	1.0B	1.4B	1.4B
Good Will	6.5B	6.2B	6.9B	7.2B	8.4B	8.8B
Common Stock Shares Outstanding	477.2M	481.5M	482.9M	472.4M	477.0M	342.3M
Liabilities And Stockholders Equity	12.6B	12.3B	13.1B	13.6B	14.8B	15.6B
Non Current Liabilities Total	4.9B	3.5B	3.6B	3.8B	4.4B	4.7B
Inventory	163.4M	224.4M	216.2M	199.2M	208.8M	219.3M
Other Stockholder Equity	(147K)	(140K)	(5.9M)	(7.4B)	3.3M	3.4M
Total Liab	7.0B	5.8B	5.7B	5.6B	6.8B	7.1B
Property Plant And Equipment Gross	2.5B	2.6B	2.6B	2.8B	5.7B	6.0B
Total Current Assets	2.5B	2.3B	2.3B	2.1B	2.4B	2.5B
Accumulated Other Comprehensive Income	175.4M	(19.2M)	61.2M	339.9M	224.4M	235.7M
Short Term Debt	663.1M	553.0M	342.1M	347.2M	661.0M	694.1M
Intangible Assets	7.0B	6.7B	7.4B	7.8B	721.1M	685.1M
Common Stock	4.0B	4.1B	3.9B	3.8B	4.1B	4.3B
Other Liab	439.8M	355.3M	368.7M	460.7M	529.8M	556.3M
Other Assets	127.3M	103.1M	259.8M	2.0	2.3	2.18
Long Term Debt	2.9B	1.6B	1.6B	1.7B	2.7B	1.6B
Other Current Assets	74.8M	71.6M	92.3M	113.8M	137.0M	143.8M
Property Plant Equipment	2.5B	2.6B	2.6B	2.8B	3.2B	3.4B
Net Tangible Assets	(1.4B)	(327.3M)	(88.3M)	(53.1M)	(61.1M)	(64.1M)
Long Term Investments	91.8M	108.1M	145.2M	175.8M	198.3M	107.2M
Short Long Term Debt	824.9M	364.2M	228.9M	297.5M	267.7M	443.2M
Long Term Debt Total	4.0B	2.7B	2.7B	2.8B	3.2B	2.9B
Treasury Stock	(680K)	(209K)	(147K)	(140K)	(126K)	(132.3K)
Capital Lease Obligations	1.4B	1.4B	1.4B	1.4B	1.5B	988.9M

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